August 10, 2010

The Morning Wrap

Charges Against Waters: The Los Angeles Times outlines the ethics charges against U.S. Rep. Maxine Waters (D-Calif.) and her chief of staff, who is also her grandson. Waters is represented by Stanley Brand and Andrew Herman of Washington's Brand Law Group.

Health Care Overtime: Attention in-house counsel: The New York Times reports that the Obama administration is investigating pay practices in the health care industry and finding that many hospitals and nursing homes do not pay proper overtime to employees.

Nine Figures: A federal judge on Monday granted preliminary approval to a $125 million cash settlement for shareholders of bankrupt New Century Financial Corp., one of the largest lenders to collapse during the subprime mortgage meltdown, The National Law Journal reports.

Reporting from Cuba: The Wall Street Journal reports on what it calls the first contested military-commissions trial under the Obama administration. Omar Khadr, now 23, was captured at age 15 and accused of killing a U.S. serviceman in Afghanistan.

Defamation Threat?: In the U.S. Senate race in Kentucky, Republican Rand Paul is threatening to sue GQ magazine over a story about Paul's college years. GQ is standing by the story. Click here for a Washington Post blow-by-blow.